Pakistan forex reserves rise 6.64 per cent
KARACHI: Pakistan’s foreign exchange reserves rose to $15.542 billion in the week ended August 3, from $14.574 billion in the previous week, the central bank said on Thursday.
At the beginning of this month, the reserves were boosted by reimbursements from the United States for Pakistan’s assistance in the war against militancy.
Pakistan’s reserves have been reduced by debt repayments in recent months, including for an $8 billion loan from the International Monetary Fund (IMF). The next repayment to the IMF is due this month.